This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If an American firm produces goods that are sold to a German household, then A) German GDP ... (Read 85 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
on: Jun 29, 2018
If an American firm produces goods that are sold to a German household, then
 
  A) German GDP increases but not U.S. GDP.
  B) U.S. GDP increases.
  C) the transaction is considered an export in the German GDP accounts.
  D) net exports in the United States will not change because an export immediately generates an offsetting import.

Question 2

Suppose China Airlines wants to purchase a French Airbus. The price of the Airbus is 95 million Euro. If the exchange rate is 1 euro per 10 yuan, the price of this airplane to China Airlines is
 
  A) 950 million yuan.
  B) 10.52 million yuan.
  C) 10 million yuan.
  D) 9.5 million yuan.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


JMatthes

  • Member
  • Posts: 578
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

A mast cell, which produces the symptoms of a hypersensitivity reaction. A mast cell, which produces the symptoms of a hypersensitivity reaction.
Sand tiger next to a German U-boat in the Pine Knoll Shores Aquarium Sand tiger next to a German U-boat in the Pine Knoll Shores Aquarium
South American Goliath birdeater South American Goliath birdeater
The Canadian ballot is considerably simpler than the American ballot. Note there is nothing like a c The Canadian ballot is considerably simpler than the American ballot. Note there is nothing like a c
In American Progress (1872), John Gast depicts a feminized (and eroticized) America moving westward, In American Progress (1872), John Gast depicts a feminized (and eroticized) America moving westward,
From 1965 to 1968, American troops in Vietnam conducted “search and destroy” missions to shatter ... From 1965 to 1968, American troops in Vietnam conducted “search and destroy” missions to shatter ...
Video: Adolescent Diabetes

For a complete list of videos, visit our video library